- Friday, July 31, 2009, 10:59
- Energy
Results released today from Centrica, the international
utility company of which British Gas is a part, reveal that while the group as a whole has lost money, profits from British Gas residential business has risen significantly, largely as a result of falling wholesale costs.
As the wholesale price of fuel has tumbled, consumers have already ...
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- Friday, July 31, 2009, 10:58
- Featured, Savings and Investments
Workers’ union the TUC has today released a statement to refute recent claims by business groups and some political groups that public sector
pensions are unaffordable and costly to the taxpayer.
The new TUC briefing published today claims that critics of public sector pensions often misrepresent the figures by “presenting pension commitments that go decades ...
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- Friday, July 31, 2009, 10:56
- Energy, Featured
If you have rented a property since 1st October 2008, you may remember being given an Energy Performance Certificate (EPC) when you took up your tenancy. This certificate tells you
how energy efficient your home is, which not only impacts the environment, but also the cost of
household bills.
While it ...
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- Friday, July 31, 2009, 10:56
- Featured, Mortgages
House prices rose by 1.3% in July, marking the third rise in a row and the highest rate of quarterly change since early 2007, according to the latest house price index from
Nationwide.
According to the report, if the rate of growth in the last 3 months is compared with the previous three months, ...
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- Friday, July 31, 2009, 10:51
- Household Finances
British motorists are becoming increasingly environmentally aware, with four in ten concerned about the affect our car has on the environment, according to a survey from
insurer Admiral.
43% of motorists questioned said that they worry about the damage their car does to the environment, up from 36% in 2008. Four out of ten even went as far as to say the environmental impact influences ...
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- Wednesday, July 29, 2009, 12:20
- Savings and Investments
Leeds Building Society has announced the launch of a new 5-year
fixed rate savings bond paying a rate of up to 5.00%.
To access the new account type, customers must deposit a minimum of £100 (up to a maximum of £1,000,000).
However, the headline rate is likely to be out of reach of most savers. To get the full 5% rate, customers must deposit at least ...
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- Wednesday, July 29, 2009, 12:19
- Debt Management
More people are clearing
mortgage debt than are increasing it, according to new research from moneysupermarket.com.
40% of UK adults have reduced their outstanding borrowings, with 16% claiming to be ‘in a lot
less debt now compared to one year ago'.
However, more than a quarter (27%) of British adults have taken on more debt, with 8% reporting that their debt has increased ‘a lot' ...
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Nearly 1 in 6 (16%) of those who have a pension have either stopped contributing or reduced the amount they pay in over the last five years.
The report from Prudential has warned that this trend could mean a rise in
pensioner poverty in years to come as increasing numbers find themselves relying on their state pension alone.
Recent EU research‚ which compared relative poverty in ...
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- Wednesday, July 29, 2009, 12:18
- Featured, Loans, Mortgages
The latest lending figures released today by the Bank of England have shown a total net increase in lending to individuals in June of £0.4 billion. However, this is lower than both the May increase (£0.5 billion) and the previous six-month average.
The twelve-month growth rate continued to fall, by 0.2 percentage points to 1.2%, and ...
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There has been a slight improvement in the monthly change in
house prices in England and Wales.
According to the latest report from the Land Registry show a modest improvement in house prices in June of 0.1%. The increase marks the first time monthly change has been positive since January 2008.
The Land Registry House Price ...
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